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Consumer Vulnerability And Welfare In Mortgage Contracts Irina Domurath

  • SKU: BELL-50217596
Consumer Vulnerability And Welfare In Mortgage Contracts Irina Domurath
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Consumer Vulnerability And Welfare In Mortgage Contracts Irina Domurath instant download after payment.

Publisher: Hart Publishing
File Extension: PDF
File size: 3.9 MB
Author: Irina Domurath
ISBN: 9781509913398, 9781509913428, 1509913394, 1509913424
Language: English
Year: 2017

Product desciption

Consumer Vulnerability And Welfare In Mortgage Contracts Irina Domurath by Irina Domurath 9781509913398, 9781509913428, 1509913394, 1509913424 instant download after payment.

This book advocates a new way of thinking about mortgage contracts. This claim is based on the assumption that we currently live in a political economy in which consumer debt fulfils a social function. In the field of housing, this is evidenced by the expansion of mortgage credit through which consumers are to purchase residential property as a means of social inclusion and personal welfare. It is suggested that contract law needs to adjust to this new social function in order to avoid welfare losses in terms of default, overindebtedness, and possibly eviction. To this end, this book analyses theoretical contract law frameworks and makes concrete proposals for contract law in the EU legal order.

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